MoneyWorks4Me

Yes Bank receives final approval, registration from SEBI

18 Jun 2018 Evaluate

Yes Bank has received final approval and registration from Securities and Exchange Board of India (SEBI) for acting as Custodian of Securities. ‘Custodian of Securities’ is a license granted by SEBI to eligible entities allowing them to offer custodial services to financial market participants including Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs).

This approval is a reflection of Yes Bank’s growing presence in Indian financial markets and increasing market share over the last 14 years since inception.

Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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